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Promit Mukherjee

Explainer: Why India's diesel demand is contracting, and what it means

04 Dec 2019

MUMBAI India's demand for diesel is slowing as the country's car fleet shifts predominantly to gasoline, trucks get more efficient and solar pumps displace diesel-fed units across the countryside.

India's diesel demand growth seen stuck in low gear until mid-2020

04 Dec 2019

NEW DELHI/MUMBAI India's demand for diesel will remain subdued until the second half of 2020, when analysts expect various policy measures aimed at stimulating industrial activity to kick in and soak up excess fuel.

Explainer: Why India's diesel demand is contracting, and what it means

04 Dec 2019

MUMBAI India's demand for diesel is slowing as the country's car fleet shifts predominantly to gasoline, trucks get more efficient and solar pumps displace diesel-fed units across the countryside.

India's Tata Power seeks global investors for renewable portfolio

28 Nov 2019

MUMBAI India's Tata Power Company Ltd, the power generation arm of the salt-to-software Tata group, wants to sell a stake in its renewable energy portfolio to global investors, its chief executive Praveer Sinha told Reuters.

India's Tata Power seeks global investors for renewable portfolio

28 Nov 2019

MUMBAI, Nov 28 India's Tata Power Company Ltd , the power generation arm of the salt-to-software Tata group, wants to sell a stake in its renewable energy portfolio to global investors, its chief executive Praveer Sinha told Reuters.

India's diesel exports to weigh on Asia's refining margins

08 Nov 2019

MUMBAI/SINGAPORE Higher diesel exports from India will likely weigh on refining profit margins in Asia, analysts and traders said, as fuel demand growth is set to fall to its lowest in at least six years as the country's economy stutters.

India's diesel exports to weigh on Asia's refining margins

08 Nov 2019

MUMBAI/SINGAPORE , Nov 8 Higher diesel exports from India will likely weigh on refining profit margins in Asia, analysts and traders said, as fuel demand growth is set to fall to its lowest in at least six years as the country's economy stutters.

Indian steelmakers face debt challenges after ill-timed bets

29 Oct 2019

MUMBAI/NEW DELHI India's biggest steelmakers may be suffering from buyer's remorse as assets they bought from bankrupt rivals stretch their bottom lines while market conditions have worsened.

India's Reliance reaps record profit from consumer-facing growth

18 Oct 2019

MUMBAI Indian oil-to-telecoms conglomerate Reliance Industries said strong growth in its consumer-facing businesses lifted second quarter net profit by 18.3% year-on-year to a record total.

ADNOC wants Italy's ENI, Austria's OMV to partner with it on refinery expansion

15 Oct 2019

DELHI Abu Dhabi National Oil Company (ADNOC) wants to partner with Italy's Eni and Austria's OMV to expand its refining capacity to 1.5 million barrels per day, a company executive said on Tuesday.

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